Managers of Wealth Americas

$1 Billion RIA Takes Smaller Firm’s Name in Merger

It has since grown to five partners, including Sargent, Brad Bickham, Chris Lagudis, Luke Daniel and Meagan D’Angelo.

FlexPrint Announces Strategic Investment From Oval Partners

This new partnership will aggressively advance FlexPrint's strategy to support and enhance enterprise managed print services

North Korea Is Newest Frontier for a Daredevil Investor

The risks of sinking cash — even just $7 million or so of Firebird’s $700 million in assets — into a neo-Stalinist state with labor camps and virtually no private property are obvious.

Totum Wealth Launches First Wealth Management Platform to Analyze Comprehensive Human Capital Factors and Portfolios

Cloud-based application leverages institutional-grade investment technology to optimize results for advisors

BlackRock reshuffles senior leadership of investment teams

New York-based BlackRock, with $4.5 trillion in assets under management, also is unifying its global fixed-income business under the leadership of Tim Webb

Brookfield eyes Blackstone status with private-equity push

Flatt says his buyout firm will earn comparisons to the largest of Wall Street’s alternative-asset managers.

Muslims in Chicago use Islamic finance system - to buy homes, for investment

At the entrance of the Devon Bank in Chicago is a small pathway with a billboard that includes “Faith-Based Financing” as one of its options to direct customers toward Islamic alternatives for buying a home.

Investors retreat from hedge funds after tough December: SS&C

The average hedge fund returned minus 2.01 percent in 2015, data from data tracker eVestment showed, with funds hit by concerns including around the outlook for global growth.

NorthStar Asset Management Announces Exploration of Strategic Alternatives

Our Board of Directors and management have always been committed to acting in the best interests of our shareholders and we are aggressively seeking ways to maximize shareholder value.

What does $200 million buy in Los Angeles these days?

Hugh Hefner's Playboy Mansion lists for $200 million

JP Morgan Asset Management Launches New Multi-Manager UCITS Fund

JP Morgan Asset Management has launched a new multi-manager UCITS fund.

Invesco acquires robo-adviser Jemstep

The deal will bolster automated advice, investment management services

Canadian pensions facing down fierce competition to pursue global growth strategy

The competition was fierce, with about 70 potential suitors in the running to buy in despite the recent volatility in China’s capital markets.

Societe Generale announces the new SG CTA Mutual Fund Index

Societe Generale Prime Services has announced the creation of the new SG CTA Mutual Fund Index, a performance benchmark for 1940 Act U.S. registered mutual funds that pursue managed futures strategies.

The Latest Major e-Discovery Acquisition

The Washington Post described the acquisition as “a bet of roughly $150 million”

Green Gorilla, Inc. Secures $2.5 M in Start-Up Capital

Co-founders Steven Saxton and Philip Asquith are pleased to announce that they have secured $2.5 Million of start-up capital for Green Gorilla, Inc.

Catterton, LVMH Join Forces For New PE Firm

Under the terms of this agreement, L Catterton will be 60% owned by the partners of L Catterton and 40% jointly owned by LVMH and Groupe Arnault.

Brokerages Brace for a Wave of Departures

Firms take steps to keep clients as retention deals for advisers start to expire

Prophet Capital Asset Management Adopts Broadridge’s Trading, Portfolio Management and Operating Solution

A number of high-growth hedge funds have recently adopted the platform, underscoring the strength of Broadridge’s solution to manage complexity for large funds.

Former George Soros executive raises $4.5bn for new fund

Chris Rokos, a former star trader at Brevan Howard Asset Management, raised more than $1 billion for his London-based firm that opened in October.

Alternative Investments